Free Articles - Table of Contents
Business Matters
Deducting the Business Use of Your Home
Should You Incorporate Your Business
Human Resources
ADA Protects Employees with Cancer
Update Social Security Number Verification for Employers
The Dangers of Employee Internet Use
The Hazards of Resume Screening
Real Estate
Landlord/Tenant-Insurer May Sue for Fire Damage
Miscellaneous
Good News For Those Who Struggle With Legal Risk
Partnerships And Limited Liability Companies
A Few Well Chosen Words About Contracts
Good News For Those Who Struggle With Legal Risk
In today’s business world every small business owner and manager needs not only knowledgeable accountants and financial advisors, but also a skilled attorney. A good business attorney will provide vital counsel in almost every aspect of your business, from business and joint venture formation to copyright and trademark advice to liability and lawsuits. Unfortunately most small businesses put off hiring a lawyer until they are being threatened with legal action, government fines or an aborted business deal.
There is a better way and it’s called the Diagnostic Legal Assessment™ approach. The Diagnostic Legal Assessment™ are principles applied by Davis Law Associates to reduce the risk of a crisis. You can learn about this approach through our monthly small group consultation seminars and audio telephone seminars.
Because nobody in business likes paying lawyers or having to deal with lawyers, they avoid facing potential legal risks. The thinking is why waste money on something expensive and probably unnecessary? However, this is a miscalculated view. Take litigation alone, for instance. A whopping 87 percent of U.S. companies faced at least one court action during 2005, according to the latest litigation trends research (Sarbanes-Oxley Compliance Journal, November 2005).
The expected continued rising flood of litigation has led to severe concerns about the costs of fighting court action in 2006. Perhaps the worst part is the inherent unpredictability of litigation expenses and insurance premiums. If preventative legal work is needed to stay out of trouble, it is only a small fraction of what America’s judicial system will cost you to get out of trouble.